Jon Taylor K. - Mar 1, 2022 Form 4 Insider Report for FIRSTENERGY CORP (FE)

Signature
Daniel M. Dunlap, attorney-in-fact
Stock symbol
FE
Transactions as of
Mar 1, 2022
Transactions value $
-$248,496
Form type
4
Date filed
3/3/2022, 07:48 PM
Previous filing
Feb 7, 2022
Next filing
Feb 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FE Common Stock Options Exercise +5.33K +26.25% 25.6K Mar 1, 2022 Direct F1, F2, F3
transaction FE Common Stock Disposed to Issuer -$222K -5.33K -20.79% $41.57 20.3K Mar 1, 2022 Direct F1, F3
transaction FE Common Stock Options Exercise +10.7K +52.51% 31K Mar 1, 2022 Direct F2, F3, F4
transaction FE Common Stock Disposed to Issuer -10K -32.34% 20.9K Mar 1, 2022 Direct F3, F5
transaction FE Common Stock Tax liability -$27K -649 -3.1% $41.57 20.3K Mar 1, 2022 Direct F3, F4
holding FE Common Stock 3.93K Mar 1, 2022 By Savings Plan F6

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction FE 15PSUC19 Options Exercise -5.33K -100% 0 Mar 1, 2022 Common Stock 5.33K Direct F1, F2, F7
transaction FE 15PSUS19 Options Exercise -10.7K -100% 0 Mar 1, 2022 Common Stock 10.7K Direct F2, F4, F7
transaction FE Phantom 3/22D Award +10K 10K Mar 1, 2022 Common Stock 10K Direct F5, F7, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the vesting of the 15PSUC19 award. The award vested on March 1, 2022. Amounts also include dividend reinvestments.
F2 1 for 1. The 15PSUC19 and 15PSUS19 awards were previously granted for $0.00 under the FirstEnergy Corp. 2015 Incentive Compensation Plan.
F3 Balance includes shares acquired through dividend reinvestments.
F4 Represents the vesting of the 15PSUS19 award. The award vested on March 1, 2022. The shares coded "F" were automatically withheld to cover tax obligations associated with the payout. Amounts also include dividend reinvestments.
F5 This transaction represents the deferral of the 15PSUS19 award. As a result, the reporting person is reporting the disposition of common stock in exchange for an equal number of shares of phantom stock described below.
F6 FE's 401(k) Savings Plan includes a unitized fund invested in FE stock, in which the reporting person may invest, and includes dividend reinvestment and company match features. The number of shares reported as indirectly held in the 401(k) Plan in this row is an estimate of the number of shares of FE's common stock held in the unitized stock fund and allocated to the reporting person's account as of December 31, 2021.
F7 1 for 1
F8 This holding reflects phantom stock payable in cash upon retirement or other termination of employment under the FirstEnergy Corp. Amended and Restated Executive Deferred Compensation Plan. Each share of phantom stock is the economic equivalent of one share of common stock.